Malaysia cash declaration rules

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OWWA PDOS ADVISORY NO. 01, S. of 2010: Malaysia cash declaration rules

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Title Supreme Court: Malaysia cash declaration rules

Law: Owwa Pdos Advisory No. 01, S. Of 2010

Decision Date: Feb 16, 2010

Effective January 1, 2010, all individuals entering or leaving Malaysia must declare cash or bearer negotiable instruments exceeding USD 10,000 to avoid penalties of up to RM1 million and/or one year of imprisonment, as mandated by the Central Bank of Malaysia.

currency declaration

administrative law

legal obligation

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